JP Morgan predicts retail demand for Bitcoin and gold ETFs could rise if Trump wins

With the U.S. election nearing, JP Morgan analysts forecast that a Trump victory may boost retail interest in Bitcoin and gold ETFs as part of the “debasement trade,” according to The Block. They highlight recent retail-driven inflows, noting $1.3 billion into spot Bitcoin ETFs over the last two days, while institutional activity in BTC and gold futures has slowed. Analysts suggest that a Trump win could further fuel this demand, pushing Bitcoin and gold prices higher.